ben-d

Bearish wedge leading to short opportunity

Short
BITSTAMP:BTCUSD   Bitcoin
The narrowing, rising wedge is a bearish pattern. Combined with strong resistance at 50k, this suggests BTC will perhaps retest this psychologically important boundary one or two times before falling in value to regroup.

RSI tells a slightly different story indicating a bullish environment, so be careful. And most importantly: don't listen to me, I know nothing.
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